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Dow turns negative for the year as Yellen warns of valuation risks
MarketWatch
U.S. stocks sold off on Wednesday, building on steep losses from the previous session as Federal Reserve Chairwoman Janet Yellen spooked investors by warning of potential pitfalls for investors, referring to stock values as "quite high." Traders already had ..


Dow loses 86 points, barely in black for '15
USA TODAY
An early rally on Wall Street quickly evaporated Wednesday, as the combination of rising oil prices and higher interest rates took a toll on stocks for a second straight session. After rallying more than 90 points in the opening minutes of trading, the Dow Jones ..


Zynga Founder Pincus to Cut 18% of Jobs After Return as CEO
Bloomberg
Zynga Inc. founder Mark Pincus is cutting 18 percent of the casual-games company's work force, less than a month after retaking the reins as chief executive officer. The firings, amounting to 364 jobs, are part of a cost-reduction plan that will save $100 million ..


Allianz's El-Erian Says Stock Valuations 'High'
Fox Business
"If we get disrupted, it's going to be because of something that happened outside, in particular in Europe," El-Erian told Fox Business Network's Maria Bartiromo during a Q&A at SALT conference in Las Vegas. "So the underlying strength of this economy is ..


Private Employers Add Fewest Jobs in a Year, and Nonfarm Productivity Falls
New York Times
Private employers in the United States added in April the smallest monthly number of workers in more than a year. And, in another report, the Labor Department found that nonfarm productivity fell in the first quarter as harsh winter weather depressed output

Marissa Mayer's worst nightmare is becoming reality
WPTZ The Champlain Valley
Just a few months ago, the Yahoo CEO was being applauded by shareholders for her decision to spin off the company's remaining stake in Chinese e-commerce giant Alibaba later this year. At that time, Alibaba was riding a wave of momentum following its ..


Apple store guru Ron Johnson launches concierge service for tech devices
USA TODAY
MENLO PARK, Calif. In a nondescript low-rise not far from a highway, Ron Johnson is rallying his troops. "How many days until launch?" he shouts with boyish enthusiasm. An employee points to a large number pinned up behind the company founder and ..


UPDATE 1-Whole Foods same-store sales growth cools, shares plunge
Reuters
(Adds details on results, new store concept). By Lisa Baertlein. LOS ANGELES May 6 (Reuters) - Whole Foods Market Inc on Wednesday said same-store sales growth cooled in the latest quarter, even as it cut prices further and rolled out its first national ..
Keurig Earnings Fall on Low Demand for New K-Cups
Wall Street Journal
Fox's profit falls but beats estimates
MarketWatch

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